iMAL*TradeFinance is one of the building blocks that cater for Inward & Outward Letters of Credit, Letters of Guarantee, and Inward & Outward Bills for Collection. The system handles all documentary details, workflow, processes, from the time the client places his request at the bank till the time the document is closed, along with the related on and off balance sheet accounting entries and all the needed SWIFT messages. In addition to that, the system provides a facility for the bank clients to prepare and process their documents electronically with minimal user intervention.
Structured Trade Finance
With globalisation increasing trade volumes, and the changing mindset and legacy infrastructure, financial institutions are struggling to adopt a more sophisticated financing technique to support cross-border commodity flows. Structured Commodity Trade Finance plays a significant role in facilitating the investment and minimizing the risk of a trade transaction, and where borrowers are able to tap international capital markets with advantageous terms.
Path Solutions has designed a comprehensive and user-friendly solution to fulfill the financial institution’s needs in terms of trade financing.
iMAL*STF is a specialized module dedicated to financing purchases and shipment of high-end products and commodities.
iMAL*STF is linked to iMAL core modules and ensures an effective full lifecycle management of structured finance in a flexible and highly parameterized way, starting by granting the financing facility to end with settlement.